Counterparty Credit Risk BA

We are seeking a Tech Lead/Business Analyst to manage and enhance credit risk reporting processes in line with regulatory requirements. This role is critical for ensuring accurate, timely, and compliant reporting while driving improvements in systems and workflows.

This position is broader than a traditional tech lead role and effectively combines Technical Lead and Business Analyst responsibilities. The individual will need to oversee delivery end-to-end, bridging business requirements and technical execution.

Main Responsibilities

• Deliver counterparty concentration risk, stress, and limit reporting.
• Upgrade the QuIC counterparty credit risk engine for PFE calculation to meet PRA license conditions.
• Develop credit risk reports, including Collateral, Gross Cash Limit, and Short-Term Tenor across multiple products.
• Create a pre-deal check tool for the Rates Sales Desk to estimate PFE exposure and limit utilization.
• Design UI and workflows for calculation review and validation processes.
• Analyze and manipulate data using platforms such as Murex, Apex, and Bloomberg.
• Conduct gap analysis and define future-state credit risk processes.
• Collaborate with application teams to implement system and data changes.
• Resolve data integration issues impacting counterparty and limit information.
• Review operational risks and propose electronic/procedural improvements.
• Influence project solutions through technical expertise.
• Act as a liaison between business and software development teams.
• Participate in SIT and UAT testing of data and report outputs.
• Prepare stakeholders for new solutions and provide initial application support.

Key Requirements

• Proven experience in credit risk reporting and analysis.
• Strong knowledge of credit products and derivatives; experience in these product areas is essential.
• Experience in mid-sized banks and smaller institutions, rather than large tier-one banks.
• Proficiency in Murex, Apex, and Bloomberg for data manipulation.
• Strong analytical and problem-solving skills within financial contexts.
• Understanding of regulatory requirements, particularly PRA conditions.
• Ability to develop tools and workflows for credit risk management.
• Familiarity with QuIC and RiskMetrics.
• Experience with SIT and UAT testing processes.
• Strong communication skills to explain technical concepts to non-technical stakeholders.